The Mavericks will decline Dirk Nowitzki‘s $5MM team option in order to open up more salary-cap space, Marc Stein of the New York Times tweets. Dallas plans to work out a new contract with Nowitzki, who mutually agreed to the decision, Stein adds.
Dallas could have as much as $28-30MM in cap space, salary-cap enthusiast Albert Nahmad tweets.
Nowitzki has said he’d like to play at least one more season. Among the ways the Mavericks could re-sign him is by using their room-level exception, which is projected at $4.4MM in the first year of the contract.